CuriosityStream Executive Rebecca Reed Expands Stake Following RSU Conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CuriosityStream General Counsel Rebecca Reed reported insider transactions on June 18, 2025. The transactions involved:
- Vesting of 380 restricted stock units (RSUs) granted on July 19, 2021, which converted to common stock on a one-to-one basis
- Withholding of 130 shares at $4.81 per share for tax purposes related to the RSU vesting
Following these transactions, Reed's direct ownership position stands at 31,244 shares of common stock. The transactions were executed under standard RSU vesting procedures and tax withholding requirements. The Form 4 was filed through an attorney-in-fact, Talha Sarhandi, on June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
380 shares exercised/converted
Mixed
3 txns
Insider
Reed Rebecca R
Role
Gen Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 380 | $0.00 | -- |
| Exercise | Common Stock | 380 | $0.00 | -- |
| Tax Withholding | Common Stock | 130 | $4.81 | $625.30 |
Holdings After Transaction:
Restricted Stock Units — 380 shares (Direct);
Common Stock — 31,374 shares (Direct)
Footnotes (1)
- On June 18, 2025, 380 restricted stock units granted to Ms. Reed on July 19, 2021 vested and were converted into shares of the Company's common stock on a one-to-one basis. Represents the withholding of shares of the Company's common stock for tax purposes in connection with the vesting of restricted stock units previously granted.
FAQ
What type of insider transaction did CURI's General Counsel execute in June 2025?
CURI's General Counsel Rebecca Reed had RSUs vest and convert to common stock (transaction code 'M'), followed by a share withholding for tax purposes (transaction code 'F'). This was not an open market transaction but rather the scheduled vesting of previously granted equity compensation.
How many restricted stock units (RSUs) does Rebecca Reed have remaining at CURI after the June 2025 transaction?
According to Table II of the Form 4, Rebecca Reed had 380 RSUs remaining following the reported transaction. These RSUs were converted from the original grant made on July 19, 2021.